Messages

Forum Index : Gaming Industry - US : Messages
Author: [Gaming Industry - US] Topic: I'm thinking about taking action from friends....is it worth the risk?
shagrath send a private message View Space | Blog | Friends | Playbook |
shagrath
Participation Meter
Prospect
Joined: Dec 2007
Posts: 384
Location: Michigan
#1
Posted: 1/18/2012 6:29:00 PM

A few of my buddies are tired of bettting online and are in desperate search of a local.  I'm thinking about taking their bets (nothing huge all less than $100 per game) but I'm wondering what the penalty and fines would be if i were to get busted.

I reside in michigan and really would only be taking their action as a favor to them.....i don't need the money.  Is it worth it the risk?    What are the fines and punishment if I were to get busted???

Thanks in advance for your advice fellas

quote
tep send a private message View Space | Blog | Friends | Playbook |
tep
Participation Meter
Veteran
Joined: Jan 2004
Posts: 4402
Location: United States
#2
Posted: 1/18/2012 10:07:41 PM
Getting busted is not going to be your problem. You will with out a doubt end up with less friends. 
quote
eliminat0r85
RSI Wagerline RSI Rating
send a private message View Space | Friends | Playbook |
eliminat0r85
Participation Meter
Captain
Joined: Sep 2009
Posts: 9040
Location: Michigan
#3
Posted: 1/18/2012 10:28:52 PM
if you're doing book for like 4 or 5 friends I doubt anything would happen to you. Just remember though you'll be dealing with money and friends, what if they bet more than they can afford to lose and can't pay you, what are you gonna do. I suggest if you're doing it for your friends you operate on post up only.

Find like a good cheap PPH service let them post up and bet whatever they want to bet on online. If you want to be nice you can give them a limit of a little over what they post up or something like that.

Probably the best way to do it, operating on credit with friends is not going to be a good thing. Tons of locals in Michigan though, if they can't find one i doubt they have even looked, or they are not in a metro area.
quote
JasonDC send a private message View Space | Friends | Playbook | My Sportsbook: BetLegends.eu |
JasonDC
Participation Meter
Prospect
Joined: Dec 2011
Posts: 243
Location: Maryland
#4
Posted: 1/18/2012 10:46:23 PM
QUOTE

Originally Posted by tep:

Getting busted is not going to be your problem. You will with out a doubt end up with less friends. 

Exactly as this guy said..mixing friendships with money is a recipe for disaster..dont do it.

quote
jeast send a private message View Space | Blog | Friends | Playbook | My Sportsbook: 5Dimes |
jeast
Participation Meter
Rookie
Joined: Oct 2007
Posts: 543
Location: Michigan
#5
Posted: 1/18/2012 11:34:18 PM
Send them my way, I'll take their money.  Not a good idea to book for your friends.  It's been said already, but you'll end up with less friends. 
quote
GOPHERNATION12
RSI Wagerline RSI Rating
send a private message View Space | Blog | Friends | Playbook | My Sportsbook: Bellagio |
GOPHERNATION12
Participation Meter
Covers Rehab
Joined: Sep 2010
Posts: 3353
Location: Michigan
#6
Posted: 1/19/2012 12:38:11 AM

You won't get in trouble with the law but I guarantee they will take advantage of you because of the friendship. Late pays/ no pays, lots of excuses

If you do decide to do it, tell them you are sending the wagers to someone else and your doing it as a favor with no profit and if they don't pay you would have to. If they buy it, you might have a tad less issues

quote
masterfulpicker send a private message View Space | Friends | Playbook | My Sportsbook: 5Dimes |
masterfulpicker
Participation Meter
Rookie
Joined: Nov 2008
Posts: 577
Location: New Jersey
#7
Posted: 1/19/2012 10:40:28 AM
I don't know who said this quote but here it goes " Don't ever LET MONEY COME BETWEEN FRIENDS".  Bad idea and you will have less friends. So why not just go to a  bar and enjoy the games with your friends root each other on.
quote
shagrath send a private message View Space | Blog | Friends | Playbook |
shagrath
Participation Meter
Prospect
Joined: Dec 2007
Posts: 384
Location: Michigan
#8
Posted: 1/19/2012 11:43:58 AM
QUOTE

Originally Posted by eliminat0r85:

if you're doing book for like 4 or 5 friends I doubt anything would happen to you. Just remember though you'll be dealing with money and friends, what if they bet more than they can afford to lose and can't pay you, what are you gonna do. I suggest if you're doing it for your friends you operate on post up only.

Find like a good cheap PPH service let them post up and bet whatever they want to bet on online. If you want to be nice you can give them a limit of a little over what they post up or something like that.

Probably the best way to do it, operating on credit with friends is not going to be a good thing. Tons of locals in Michigan though, if they can't find one i doubt they have even looked, or they are not in a metro area.

thats the prob, we are in northern michigan.   TC, Gaylord, Petoskey.  Know of any up here with a good reputation.  If so pm me.  Thanks

quote
buxwin send a private message View Space | Blog | Friends | Playbook |
buxwin
Participation Meter
Prospect
Joined: Jan 2010
Posts: 215
Location: Ohio
#9
Posted: 1/19/2012 12:10:42 PM
You will end up being the bad guy!! 
quote
donnybrasco send a private message View Space | Friends | Playbook |
donnybrasco
Participation Meter
Veteran
Joined: Jun 2006
Posts: 1297
Location: North Carolina
#10
Posted: 1/19/2012 2:20:04 PM
I remember going up to Cheyboygen to visit friends a long time ago when I lived in Lansing for a few years and we passed Gaylord.  I think Petoskey is on the way to Cheybogen.  It's a small population in those northern MI areas.    I would take your friends' action since you know them, but watch who else you take on.  I once took several of my friends wagers, but I told them I was putting the wagers in thru my book.  It was hard, because they are excited to win their parlays/bets and you have to conceal your ultimate goal of winning their bet.  I took some money from my friends, and I you will also win in the long run.  You will get hit every now and then, but hang in their because they will lose in the long run.  However, I would tell your friends that you will only bet if you have the money in hand, say a couple of hundred, as you had once been burned in the past for several grand.  I had one friend that got down about 8k in a month's timeframe but he moved away shortly and I think he eventually knew I was taking the bets.  He never paid, and I wasn't going to bug him.  Hence, these are the problems discussed above with taking friends' money.  I said if I did this again that my friends would give me some money upfront to begin their wagering, and that their losses would not exceed a certain amount or else they would be cut off from betting until they paid up.
quote
donnybrasco send a private message View Space | Friends | Playbook |
donnybrasco
Participation Meter
Veteran
Joined: Jun 2006
Posts: 1297
Location: North Carolina
#11
Posted: 1/19/2012 2:27:17 PM
And it would be virtually impossible to sit down with your friends and watch the game together if you took their action.
quote
eliminat0r85
RSI Wagerline RSI Rating
send a private message View Space | Friends | Playbook |
eliminat0r85
Participation Meter
Captain
Joined: Sep 2009
Posts: 9040
Location: Michigan
#12
Posted: 1/19/2012 3:50:45 PM
QUOTE Originally Posted by shagrath:

thats the prob, we are in northern michigan.   TC, Gaylord, Petoskey.  Know of any up here with a good reputation.  If so pm me.  Thanks



Nope sorry man. I'm in the metro area so you can find one around every sports bar or poker room. lol
quote
nc1capper send a private message View Space | Blog | Friends | Playbook |
nc1capper
Participation Meter
MVP
Joined: Aug 2007
Posts: 15881
Location: North Carolina
#13
Posted: 1/19/2012 7:54:03 PM
do not do this,,its a bad idea
quote
Parlayed send a private message View Space | Friends | Playbook | My Sportsbook: Mirage |
Parlayed
Participation Meter
Prospect
Joined: Nov 2010
Posts: 87
Location: Michigan
#14
Posted: 1/20/2012 12:32:35 PM
Must agree with the majority here. Money and friendships never go well together. And friends are hard to come by. Simply not worth the risk.
quote
bill702 send a private message View Space | Friends | Playbook | My Sportsbook: WilliamHill.com |
bill702
Participation Meter
Veteran
Joined: Jan 2009
Posts: 2025
Location: Nevada
#15
Posted: 1/20/2012 9:17:35 PM
Why not do it? If they are good friends they wouldn't put you in a bad position and not pay you. If they don't pay then they really aren't good friends so darn them. I would rather lose money to my friend then to a god damn bookie....as far as the law?come on nothing is going to come against you for that petty garbage
quote
mr_bollox send a private message View Space | Blog | Friends | Playbook |
mr_bollox
Participation Meter
Captain
Joined: Oct 2009
Posts: 9923
Location:
#16
Posted: 1/20/2012 10:31:07 PM
quote
Saigon187 send a private message View Space | Friends | Playbook |
Saigon187
Participation Meter
Prospect
Joined: Aug 2007
Posts: 84
Location: Massachusetts
#17
Posted: 1/22/2012 1:42:27 PM

Bill702 is right on.

I have been bookin for close friends for the past 2 years.  Same situation, no one liked the local, I stepped up.  I only have 6-10 players but all of them are good friends, were usually watching the games together.  I have not had any problems really.  You have to understand people risk more than they can afford, so when someone goes down and cant pay-DONT BE A person. 

Let them know its all good and that if they can give you a small amount to keep moving thats cool.  The key is to have friends that are real friends, not randoms trying to darn you over.  ALl of my guys are good friends and wouldn't risk our friendship over a few hundred bucks.

Also, when they win, pay out-always, try not to roll figures over.  If you don't pay one week then your friend thinks he can rollover when ever they want.

Be clear, let your friends know your not a real book, and that you're tired of loosing and just want to take small action to get your own fix.  Like I also said, if you're watching the game with your boys dont cheer against them.  When you're the book you're siding on the side of the vegas experts that can narrow a game down to a single possession in most cases.  If your buddies want to try and outsmart the experts GL to them-but they won't be successful. 

Last week I got killed from the pats onsaturday, but everyone doubled their wagers and put them on GB straight and teased and that one game made me profitable on the week.  Sit back n watch the dough roll in my friend.

quote
Forum Index : Gaming Industry - US : Messages
You have entered the forum as a GUEST. 
You must login/register to post or reply.